Calculation of Average Costs with Economies of Scope Flowers Galore

question 44

Multiple Choice

Calculation of Average Costs with Economies of Scope Flowers Galore is considering a merger with Balloons N More. Flowers Galore's total operating costs of producing services are $400,000 for a sales volume of $4 million. Balloons' total operating costs of producing services are $30,000 for a sales volume of $700,000. If the two firms merge, calculate the total average cost for the merged firm assuming no synergies.

• A) 4.29%
• B) 9.15%
• C) 10.00%
• D) 7.14%

Recognize and apply proper etiquette and conduct during job interviews.

Articulate strategies for responding to challenging questions or situations in interviews.

Summarize the importance of preparing professional materials and questions for interviews.

Comprehend the role of attire in making a good first impression during an interview.

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Definitions:

Response Shaping

A process of shaping behaviour by gradual approximations of what is expected. For example, a child who is intellectual disability and may be unable to get dressed independently can be taught the process gradually by being rewarded for putting on one item at a time until he or she is eventually able to handle the entire task.

Exposure

A therapeutic technique used in behavioral therapy to treat anxiety disorders that involves the exposure to the feared object or context without any danger in order to overcome their anxiety.

Exposure Therapy

Any therapeutic procedure that repeatedly confronts the person with a stimulus that typically elicits an undesirable behaviour or an unwanted emotional response until the behaviour or response no longer occurs.

Systematic Desensitization

A therapeutic technique whereby patients imagine the lowest feared stimuli and combine this image with a relaxation response. Patients gradually work their way up the fear hierarchy so that they can learn to handle increasingly disturbing stimuli.